South Carolina § 34-30-540 Examinations and investigations; report; prohibition against delay or obstruction of examinations, refusal to exhibit records, false statements.

South Carolina Statutes

§ 34-30-540 — Examinations and investigations; report; prohibition against delay or obstruction of examinations, refusal to exhibit records, false statements.

South Carolina § 34-30-540

Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY

Ch. 30STATE SAVINGS BANK

This text of South Carolina § 34-30-540 (Examinations and investigations; report; prohibition against delay or obstruction of examinations, refusal to exhibit records, false statements.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 34-30-540 (2026).

Text

(A)The board is authorized to examine and investigate everything relating to the business of a state savings bank or its holding company.

(B)The board shall furnish a copy of the report to the state savings bank examined and, upon request, may furnish a copy of, or excerpts from, the report to the insurer of accounts.

(C)A state savings bank may not wilfully delay or obstruct an examination. A person failing to comply with this subsection is guilty of a misdemeanor.

(D)A person who possesses or controls books, accounts, or papers of a state savings bank shall not refuse to exhibit them to the board or the board's agents on demand, or knowingly or willingly make a false statement in regard to them. A person failing to comply with this subsection is guilty of a misdemeanor.

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(A) The board is authorized to examine and investigate everything relating to the business of a state savings bank or its holding company. (B) The board shall furnish a copy of the report to the state savings bank examined and, upon request, may furnish a copy of, or excerpts from, the report to the insurer of accounts. (C) A state savings bank may not wilfully delay or obstruct an examination. A person failing to comply with this subsection is guilty of a misdemeanor. (D) A person who possesses or controls books, accounts, or papers of a state savings bank shall not refuse to exhibit them to the board or the board's agents on demand, or knowingly or willingly make a false statement in regard to them. A person failing to comply with this subsection is guilty of a misdemeanor.